Oracle Project Management Cloud 2021 Implementation Essentials: 1Z0-1057-21 Exam

"Oracle Project Management Cloud 2021 Implementation Essentials", also known as 1Z0-1057-21 exam, is a Oracle Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 93 Q&As to your 1Z0-1057-21 Exam preparation. In the 1Z0-1057-21 exam resources, you will cover every field and category in Project Financials Management Cloud Certification helping to ready you for your successful Oracle Certification.

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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: Project Financials Management Cloud
  • Updated: Aug 27, 2026
  • No. of Questions: 93 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Project Management Cloud Setup and Configuration- Project Types and Templates Configuration
- Enterprise Project Structure (EPS) and Project Setup
Security and Data Access- Role-Based Access Control
- Project Security Configuration
Project Execution and Control- Progress Tracking and Reporting
- Task Management and Scheduling
- Resource Assignment and Utilization
Integration and Configuration- Integration with Oracle HCM Cloud
- Integration with Oracle Financials Cloud
Reporting and Analytics- OTBI and Dashboard Usage
- Project Performance Reporting
Project Financial Management- Revenue Recognition Basics
- Cost Management and Control
- Budgeting and Forecasting

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question 1

What are three configuration items that you need to set up by using the Project Organizationsfunctional area in Project Financial Management configurations? (Choose three.)

A. Mange Business Unit
B. Manage Project Unit Organizations
C. Manage Project Unit Options
D. Manage Project Organization Classifications
E. Mange Project Types


Question 2

You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A. Project Executive- Security basedon Project Hierarchy
B. Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
C. Project Team Member- Security based on Project Assignment
D. Project Billing Specialist- Security based on Contract BU
E. Project Manager- Security based on Project Assignment


Question 3

Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China andadded a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

A. The China business unit is associated with a different legal entity than the US and UK business units.
B. The application role relevant to the China business unit is not assigned to the project accountant.
C. The US and UK business units are linked to different ledgers than the China business unit.
D. The project accountant isnot assignedto the external rolethat grants access to the China business unit.


Question 4

Whichthreefile-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A. Project Templates
B. Project Billing Events
C. Project Budgets
D. Project Tasks


Question 5

You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A. Workday Patterns
B. Exceptions
C. Time Off
D. Accounting Calendar
E. Expenditure Type


Solutions:

Question 1
Answer: B,C,D
Question 2
Answer: C,E
Question 3
Answer: D
Question 4
Answer: B,C,D
Question 5
Answer: A,B

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